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Silver North Intersects 1.83 metres True Width of 1,088 g/t Silver, 3.90 g/t Gold (click to learn more)
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Bullboard - Stock Discussion Forum FormerXBC Inc XEBEQ

Industrials
Xebec Adsorption Inc designs, engineers, and manufactures products that are used for purification, separation, dehydration, and filtration equipment for gases and compressed air. The company operates in three reportable segments: Systems, Corporate and other, and Support. Its product lines are natural gas dryers for natural gas refueling stations, compressed gas filtration, biogas purification,... see more

GREY:XEBEQ - Post Discussion

FormerXBC Inc > Backlog
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Post by Hesiod07 on Oct 07, 2022 8:46pm

Backlog

Given a $270 plus million backlog, XBC should be showing over $11 million per month revenue during CCAA at a minimum and not $1.8 million. Something is simply wrong here and the class action lawyers are going to hear about it.
Comment by AlwaysLong683 on Oct 10, 2022 6:01pm
Backlog doesn't mean much if: a) You can't deliver quality products on time or b) You produce them at a loss. Hasn't XBC be boasting about thier "backlog" for quite some time now, yet they still had to seek CCAA creditor protection...? If the backlog was so impressive and creditors were confident they'd get their principle plus interest back, why did they not relax ...more  
FormerXBC Inc